Object 1
Object 1’s newest JVT tower — a 43-storey building of studios, one and two-bedroom apartments, portal-listed from AED 1,192,000 with handover guided for late 2028.
Two facts about ELAR1S Sky matter more than the brochure. The first is that the studio has sold out on the portal — its 426 sq ft plan is marked sold — while the one and two-bedrooms are still priced, so the entry point is now a one-bedroom at AED 1,192,000. The second is the size of the building: at 43 storeys (a third-party tracker’s figure, not the developer’s) this is the tallest thing Object 1 has put in JVT, and it will sit above a smaller, low-rise district for a very long time. Neither is a flaw. Both change who you are buying with and what you are competing against.The portal’s price records for this developer were last refreshed between July and November 2025, so every figure on this page is at least a year old by publication. Treat it as the shape of the pricing, not today’s price list.
ELAR1S Sky is the newest Object 1 project in Jumeirah Village Triangle, sold on a single idea: light. The developer names it after the Greek words for element and air, describes it as a sanctuary of balance and natural harmony, and gives it the standard Object 1 amenity set — lobby, pool, children’s play room, outdoor lounge, BBQ area, clubhouse, pool deck and gym. The portal describes a mixed-use tower with retail and dining at the base.
What is for sale. The portal prices two units: a 714 sq ft one-bedroom at AED 1,192,000, which is AED 1,669 per square foot, and a 1,152 sq ft two-bedroom at AED 1,683,000, or AED 1,461. The 426 sq ft studio is marked sold. That is a tighter price band than the smaller JVC buildings in this portfolio, and it puts ELAR1S Sky at the top of JVT’s rate range rather than the middle.
The 2028 problem, in your favour and against you. Handover is guided for Q4 2028 — the furthest out of any Object 1 tower carried by the portal, and nearly two years beyond the group’s 2027 cluster. On the plus side that means the largest gap between reservation and completion, and therefore the longest time for the district to mature around you. Against it: you are underwriting a building whose service charge, finishing quality and resale liquidity are all unknown, in a market that will have absorbed several years of new supply by the time keys are issued. If you would not buy a 2028 tower on today’s JVT rents, do not buy this one.
Where it sits. JVT is the low-rise sibling of JVC: townhouses and mid-rise buildings laid out in a triangle between Al Khail Road, Umm Suqeim Street and the Dubai-Al Ain corridor, with schools, a supermarket cluster and easy access to JVC next door. It has become Object 1’s home market — the group has more projects here than anywhere else — which cuts both ways. You are buying from a developer that knows the district, into a district it is also filling with its own competing buildings.
The honest read. A tall, well-specified tower with a long lead time, priced at a premium to JVT’s average. The case rests on the district staying desirable and the developer delivering on time; the risk is that a 43-storey building is harder to sell on at a premium than a 20-storey one when the market turns, because it is the most visible competitor in its own neighbourhood.
Compiled November 2026 from Object 1’s own ELAR1S Sky project page (unit types, amenity list, area description) and the listing portal’s record (priced floor plans, sold-out studio, handover, feature tags). The 43-storey figure and the 402-residence count are third-party and labelled as such. The portal’s price records for this developer were last refreshed between July and November 2025, so every figure on this page is at least a year old by publication. Treat it as the shape of the pricing, not today’s price list. Not a valuation.
Three unit types, one of them already gone:
| Type | Portal size | Portal price | Per sq ft |
|---|---|---|---|
| Studio | 426 sq ft | Sold out | — |
| 1-bedroom | 714 sq ft | AED 1,192,000 | AED 1,669 |
| 2-bedroom | 1,152 sq ft | AED 1,683,000 | AED 1,461 |
The sold-out studio is the most useful line in that table. Object 1 prices small units aggressively — the studio rate would sit far above the one-bedroom rate — and they exit the market first. What remains is the middle of the building, where the rate falls as the size rises. If you want a studio here, ask the developer directly rather than the portal: a sold-out portal record and a sold-out building are not the same thing.
Ask for the floor-by-floor price list. In a tower this tall the view and the orientation move the rate by more than any building average, and the upper floors are usually released later at a higher price.
No payment plan is published for ELAR1S Sky — not on the portal, and not in text on the developer’s project page. Object 1 sells through its own sales team and its brokers, and the plan is presented in the reservation document rather than on the website. Ask for it before you pay a reservation fee.
| Item | Rate | On the portal-listed 1-bed |
|---|---|---|
| Purchase price | — | AED 1,192,000 |
| DLD transfer fee | 4% | AED 47,680 |
| Agency commission | typically 2% | AED 23,840, negotiable |
| Trustee and admin fees | fixed | a few thousand dirhams |
| Payment plan | not published | ask for the schedule |
Budget about AED 1.26 million all-in before legal and finance costs. On a 2028 tower the payment schedule matters more than on a short build: a plan that front-loads 60% before the structure is topped out leaves you with the most exposure if the developer slips, whereas a plan weighted toward handover keeps your money out of the building until it is nearly finished.

The developer’s list is the standard Object 1 set: lobby, swimming pool, children’s play room, outdoor lounge, BBQ area, clubhouse, pool deck with sun loungers and gym. The portal adds a longer one — 24-hour concierge, adult and children’s pools, an infinity pool, dining and retail outlets, spa and sauna, yoga and meditation areas, landscaped grounds and parking.
Read the two lists together and the picture is a tower with a decent podium amenity floor and retail at its base, not a resort. That is appropriate for JVT and it is also the honest comparison to make against Object 1’s own TETR1S and ESSENL1FE, which carry sky pools, cinemas and bigger amenity claims for a similar rate. If amenities are the reason you are buying, compare the three before you choose.
Jumeirah Village Triangle sits between Al Khail Road, Umm Suqeim Street and the Dubai-Al Ain corridor, next door to JVC and a short drive from Dubai Sports City. It is a low-density district of townhouses and mid-rise buildings with schools, clinics, supermarkets and parks inside it, and a much quieter street feel than its circle-shaped neighbour.
Access is the strongest part of the case: Al Khail Road puts Media City, Internet City and Al Barsha within a reasonable drive, and the Dubai-Al Ain corridor reaches the inland districts and the Expo side of the city. There is no metro in JVT and no realistic prospect of one in the near term, so plan on a car.
The rental market here is driven by families and professionals who want space rather than a skyline. That suits a two-bedroom far more than a studio — and it is worth knowing that the studio, which is the unit type most exposed to investor churn, is the one that sold out first.
For the wider area see our Jumeirah Village Triangle guide.
A 43-storey mixed-use tower by Object 1 in Jumeirah Village Triangle with studios, one and two-bedroom apartments, retail at the base and a pool, clubhouse and gym. Handover is guided for Q4 2028.
The portal lists a 714 sq ft one-bedroom at AED 1,192,000 (about AED 1,669 per square foot) and a 1,152 sq ft two-bedroom at AED 1,683,000 (about AED 1,461). The 426 sq ft studio is marked sold out. Those prices date from November 2025.
The portal's studio plan is marked sold out, which usually means the developer's own allocation is gone. Studios often reappear through brokers or on resale, so ask the developer and the secondary market before assuming otherwise.
Q4 2028 according to the listing portal. The developer's project page does not state a completion date. The date that binds is the one in the sale and purchase agreement.
None is published. Object 1 presents the plan in the reservation document rather than on its website, so ask for the split between construction and handover before you pay a reservation fee.
All three are Object 1 towers in the same family of districts and price band. TETR1S and ESSENL1FE carry larger amenity claims – sky pool, cinema, more amenity floors – at similar rates, while ELAR1S Sky is taller and has the longest lead time. Compare the service charge and the plan, not the render.
It suits families and professionals who want space, and it has a genuine tenant base rather than a speculative one. It is weaker for studios than for two-bedrooms, and there is no metro in the district.
Send us the unit type and budget. We will pull the current price list, compare it with registered rents and sales in JVT, check the escrow and permit records, and read the payment plan with you – including the case against.
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